Transcendent Financial Living PBC Launches to Provide Universal Access to Financial Planning

Transcendent Financial Living, a Public Benefit Corporation founded by Dr Carmen D. Ortiz, is pleased to announce its official launch on Monday, 15th July 2024.

The organisation is dedicated to providing universal access to its proprietary Self-Directed Transcendent Financial Living System, empowering everyone to design and manifest their transcendent financial life, irrespective of economic status, race, nationality, gender, or sexual orientation.

Dr Ortiz’s path to founding Transcendent Financial Living PBC showcases her resilience and dedication. Born in Puerto Rico to a military family, Carmen had a transient childhood, moving around the US from ages 9 to 14 before returning to Puerto Rico. From a young age, she knew she was destined to teach. Her educational career began in 1976 when she moved to Manhattan and taught at Queens College City University of New York. Following this, she spent seven influential years at Bank Street College of Education, where she developed bilingual programmes and secured federal grants, cementing her commitment to educational equity.

In 1986, Carmen shifted from education to personal financial planning. She pursued further education, earning an MBA in Corporate Finance from Columbia Business School, and gained substantial experience on Wall Street as an investment manager and financial analyst. This equipped her with the knowledge and skills to educate her peers about investments and personal financial planning. She left her successful career as a Wall Street investment banker to join IDS Financial Services (IDS), now known as Ameriprise Financial.

In 1987, Carmen was honoured as USA National Rookie of the Year at IDS. This success gave her the confidence to start CD Ortiz Financial Management Group, Inc., the first Hispanic-owned financial planning company in the US. Carmen’s expertise and leadership in finance were further recognised in 1988 when she became the first Hispanic person to be awarded the title of ‘Certified Financial Planner’ by the International Board of Standards and Practices for Certified Financial Planners.

Carmen’s dedication to her community went beyond her business endeavours. In 1989, she founded the US Hispanic Women’s Chamber of Commerce, highlighting her commitment to empowering Hispanic women in business. Her participation at the USA First Financial Literacy Summit in 1993 revealed a stark reality: the Latino community was significantly underserved in financial literacy resources.

Determined to effect change, Carmen authored ‘El Poder De Su Dinero’ (The Power of Your Money), the first bilingual financial planning educational system, which she self-published in 1994. The system comprised books, audio cassettes, and video training. To promote financial literacy in Spanish, she also hosted the El Poder de Su Dinero live radio show in Miami and The Sound of Money radio show in San Juan, Puerto Rico.

Transcendent Financial Living PBC was conceived due to Carmen’s personal healing journey with money and her desire to help others navigate their financial lives in harmony with their values. The company offers services to empower individuals through their transcendent financial planning journey. The Transcendent Financial System is a unique, self-directed programme that combines online coaching with live, collaborative sessions and helps clients connect with their spiritual power to achieve financial, personal, and spiritual transformation.

The company’s flagship service is a one-year Transcendent Financial Living Mastery that promises a profound transformation in the lives of every participant who completes the programme. Participants will be empowered to manage their holistic well-being, including their personal finances. This transformation will enable them to live their sacred mission and support the well-being of humanity and the planet. A six-month guarantee backs this 12-month Mastery programme.

Looking forward, Transcendent Financial Living PBC is creating additional spaces where clients can learn and implement the transcendent financial living system. These include an online membership community, live events, retreats, and employee well-being programmes where the system is licensed and funded by the employer. This online membership initiative aims to provide universal access to the system, starting at $50 per month. Funds raised through this programme will support ethical, spiritual projects, reinforcing its commitment to social justice and ethical-spiritual financial practices.

Beyond her business ventures, Carmen is an active public speaker and has been featured on various media platforms. She has hosted radio talk shows in Puerto Rico and Miami, discussing personal finance topics in both English and Spanish. Carmen is also the first Latina to join the expert panel responding to questions from the Miami Herald.

For more information about Transcendent Financial Living, visit transcendentfinancialliving.com.